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Full text of "The manufacture and properties of iron and steel"

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THE UNITED STATES.
461
Marqwtte.—Cambria, Champion, Jackson, Lillie, *lsregaunee, Republic, Clark, "Volunteer, *Wintlirop.
Mesabi.—* Auburn, Franklin, Sparta, Sellers, Spruce.
Menominee.—Commonwealth, Crystal Falls, Florence, Hemlock, Penn Iron.
Oogelic.—Brotherton, Caxy, Colby, Iron Belt, Montreal, Newport, Palms.
There are other mines which have produced over one million tons in the past, but which have shipped very little or no ore in recent years. Following is a list of these.:
MwrqueMe.—New York (York).
Mesabi—*01iver (Mesabi Mountain and Lone Jack).
Menominee.'—Dunn, Ludington.
The mines of the United States Steel Corporation have been withdrawn from the general market. This has raised the cost of ore to outside companies, a result viewed with complacency by the dominant interest.
TABLE XXII-L. Price of Lake Superior Ore at Lower Lake Ports.
	Old Eange Ore.						Mesabi Ore.					
	Bnssemer. P=.045			Non Bessemer.			Bessemer. P=.045			Non Bessemer. >		
	Price	Fe	Price	Price	Fe	Price	Price	Fe	Price	Price	Fe	Price
Year,	per ton.	guarantee .	unit ;. cents.	per ton.	guarantee.	unit; cents.	per ton.	guarantee.	unit; cents .	per ton.	guarantee .	unit; cents.
1898.	2.75	56.70	4.89	1.90	54.56	3.48	2.00	56.70	3.53	1.70	56.00	3.04
1899.	2.95	56.70	5.20	2.00	54.56	3.67	2.15	56.70	3.79	1.90	56.00	3,39
1900.	5.50	56.70	9.70	4.15	54.56	7.61	4.65	56.70	8.20	3.75	56.00	6.70
1901.	4.25	56.70	7.50	3.00	54.56	5.50	2.70	55^,70	4.76	2,40	56.00	4,29
1902.	4.25	56.70	7.50	3.25	52.80	6.16	3.15	56.70	5.56	2.62	52.80	4.96
1903.	4.50	56.70	7.94	3.60	52.80	6.82	4.00*	56.70	7.05	3.20*	52.80	6.06
1904.	8.75	56.70	5.73	2.75	52.80	5.21	3.00*	56.70	5.29	2.65*	52.80-	5.00
1905.	8.75	56.70	. 6.61	3.20	52.80	6.06	3.50*	56.70	6.17	3.00*	53.00	5.66
* The price of Mesabi ores varies ndt only according to the composition but according to the amount of fines, this being determined by sieves.                    ;   •
In Table XXII-L are given the prices of .ore.-delivered at lower lake ports. It will be seen that in 1900 there was a decided advance, with a strong reaction during the next year. Since then the effect of the great industrial combinations and of the general activity in the iron trade has increased the price so 'that in 1903 the. cost of ore in the open market was nearly double what it was in 1898. The almost unlimited demand, even in face of rising .prices and the ex-